Investment Operations Analyst - Hybrid

The Cigna Group; Bloomfield (CT); Hybrid; USD 60,000 - 99,000; Full time

Benefits offered by this job

Health benefits

401(k)

Tuition reimbursement

Paid time off

Job summary

The Cigna Group is seeking an Investment Operations Analyst to support the Middle/Back Office functions for CIM. This entry-level role offers hands-on experience in trade settlements, reconciliations, wire processing, data management, asset valuations, and reporting.

Based at our Bloomfield, CT headquarters with a hybrid in-office/work-from-home setup, you will collaborate with IT, Legal, Compliance, Accounting and Treasury to improve processes and controls while building relationships with

Qualifications

• Bachelor’s degree in finance or related field.
• Early-career with exposure to investment activities; internship preferred.
• Strong Excel skills including VLOOKUPs and pivot tables.
• Proficient in Word, Excel, and Outlook; ability to work in a team.
• Detail oriented, organized, proactive problem solver.

Responsibilities

• Support Middle/Back Office functions for asset classes and portfolio areas.
• Assist in trade settlements, cash/position reconciliations, wire processing, data management, valuations and reporting.
• Collaborate with IT, Legal, Compliance, Accounting and Treasury to improve processes and controls.
• Build and maintain relationships with internal/external partners to support operations.

Skills

Excel

VLOOKUPs

Pivot tables

Team player

Detail oriented

Education

Bachelor’s degree in financial discipline

Tools

Microsoft Word

Excel

Outlook

Job description

Cigna Investment Management (CIM) manages over $25 billion in assets on behalf of The Cigna Group, a leading global health company and Fortune 500 company. CIM’s assets are invested in public and private bonds, commercial mortgages, private corporate mezzanine debt and equity, real estate equity, money market funds, and derivatives. All CIM employees are supervised persons of a registered investment advisor called Cigna Investments, Inc. (CII).

The Investment Operations Analyst will report to the Investment Operations Director in support of the broader Investment Operations team. The position will support the Middle/Back Office functions for the asset class and portfolio areas within the business. This is an entry-level position, providing an excellent opportunity to gain hands-on back-middle office experience in an Investment Management firm with a variety of asset class exposure. The Investment Operations Analyst will be involved in a variety of day-to-day business operations, including trade settlements, cash and position reconciliations, wire processing, data management, asset valuations, and reporting.

Major Duties

• Develop and maintain a thorough knowledge of CIM’s operational functions, the investment business infrastructure, data flows, processes, business needs and practices
• Work closely with CIM business partners, including IT, Legal, Compliance, Accounting and Treasury to identity and assist in resolution of issues, while implementing operational process efficiencies and controls.
• Supports business initiatives, process developments and improvements, and projects related to CIM Operations
• Builds and maintains relationships with internal and external partners, service providers, to support operations and business activities.

Qualifications

• Bachelor’s degree in financial discipline.
• Early-career professional with exposure to investment-related activities; internship experience preferred
• Strong excel skills (v-lookups and pivot tables)
• Proficient in Microsoft Word, Excel, and Outlook
• Ability to work well in a team environment
• Knowledge of investment management and interest in investment operations
• Detail orientated, organized, intellectual curiosity and proactive problem solver
• This position is located at our corporate headquarters in Bloomfield, CT with a hybrid, in office/work from home, flexible arrangement.

This position supports Cigna Investments, Inc., an investment adviser registered with the United States Securities and Exchange Commission ("SEC"). The successful candidate will become an Access Person of CII required to comply with the personal trading requirements and restrictions contained in CII’s Code of Ethics. These requirements and restrictions apply to the Access Person and all securities transactions in accounts in which an Access Person has a Beneficial Interest.

If you will be working at home occasionally or permanently, the internet connection must be obtained through a cable broadband or fiber optic internet service provider with speeds of at least 10Mbps download/5Mbps upload.

For this position, we anticipate offering an annual salary of 59,600 - 99,400 USD / yearly, depending on relevant factors, including experience and geographic location.

This role is also anticipated to be eligible to participate in an annual bonus plan.

At The Cigna Group, you’ll enjoy a comprehensive range of benefits, with a focus on supporting your whole health. Starting on day one of your employment, you’ll be offered several health-related benefits including medical, vision, dental, and well-being and behavioral health programs. We also offer 401(k), company paid life insurance, tuition reimbursement, a minimum of 18 days of paid time off per year, paid holidays, and leaves of absence. For more details on our employee benefits programs, click here.

About The Cigna Group

Doing something meaningful starts with a simple decision, a commitment to changing lives. At The Cigna Group, we’re dedicated to improving the health and vitality of those we serve. Through our divisions Cigna Healthcare and Evernorth Health Services, we are committed to enhancing the lives of our clients, customers and patients. Join us in driving growth and improving lives.

Qualified applicants will be considered without regard to race, color, age, disability, sex, childbirth (including pregnancy) or related medical conditions including but not limited to lactation, sexual orientation, gender identity or expression, veteran or military status, religion, national origin, ancestry, marital or familial status, genetic information, status with regard to public assistance, citizenship status or any other characteristic protected by applicable equal employment opportunity laws.

If you need a reasonable accommodation to complete the online application process, please email [e-mail] for assistance. Please note that this email inbox is dedicated to accommodation requests only and cannot provide application updates or accept resumes.

The Cigna Group has a tobacco-free policy and reserves the right not to hire tobacco/nicotine users in states where that is legally permissible. Candidates in such states who use tobacco/nicotine will not be considered for employment unless they enter a qualifying smoking cessation program prior to the start of their employment. These states include: Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Ohio, Pennsylvania, Texas, Utah, Vermont, and Washington State.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal, state and local ordinances.